Robert Kiyosaki, the well-known author of "Rich Dad Poor Dad," has been a long-time advocate for Bitcoin and has previously predicted its growth. However, in recent comments, he suggested that investors should sell their Bitcoin positions now and buy later at a lower price. This advice is based on his expectation of a potential crash in the cryptocurrency market, driven by factors like the Federal Reserve's interest rate hikes and the general economic downturn.
Kiyosaki's strategy is based on his belief in the importance of cash flow and buying assets at a discount. He recommends selling Bitcoin now, before the potential crash, and then buying it back later at a lower price, when the market recovers. This approach aligns with his investing philosophy of buying low and selling high.
Please keep in mind that Robert Kiyosaki's comments are not investment advice, and it's essential to do your own research and consider your risk tolerance before making any investment decisions.
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